Is Magnet Township, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Magnet Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Magnet Township was a Seller's Market.

Key Takeaway

Magnet Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Magnet Township, AR

How much do homes in Magnet Township, AR cost?

Median Sold Price

$113,000

$104/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$112,000(-49.8%)

Key Takeaway

Homes in Magnet Township have sold for 49.8% less than they did a month ago.

Summary: The median home sold price in Magnet Township was $113,000 in October 2024, down 49.8% from last month, and the median price per square foot was $104.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $225K$113K
-49.8%
4 --
N/A
5+ --
N/A

Summary: Magnet Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 49.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Fenter Township
+12.1%
Magnet Township
-49.8%

Housing Supply in Magnet Township, AR

How many homes are available in Magnet Township, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
13130.0%

Summary: The Magnet Township real estate market had 13 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 98
-11.1%
4 44
0.0%
5+ 00
0.0%

Summary: The Magnet Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Magnet Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Magnet Township in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Magnet Township, AR

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Magnet Township, AR

Nearby Markets to Magnet Township, AR

What housing markets are near Magnet Township, AR?